China SiMn Alloy Output Up in March

Published: Apr 11, 2023 10:33
Source: SMM
China produced 950,400 mt of silico-manganese alloy in March, up 2.19% MoM but down 5.44% YoY, according to SMM statistics.

China produced 950,400 mt of silico-manganese alloy in March, up 2.19% MoM but down 5.44% YoY, according to SMM statistics. From January to March 2023, the silico-manganese alloy output in China was 2.81 million mt, a drop of 0.17% year-on-year. The main reason for the increase is that large factories in the north and south resumed or increased production slightly. This offset the output cuts and suspension at plants in Guangxi in the second half of March.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
12 hours ago
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
Read More
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
Tungsten Market in the Doldrums Consolidating at Lows, Tungsten Scrap Stabilized, Industry Policies Providing Support [SMM Tungsten Daily Review]
[SMM Tungsten Daily Review: Tungsten Market in the Doldrums Consolidating at Lows, Scrap Tungsten Stabilized, Industry Policies Providing a Floor] SMM May 12: Recently, the tungsten market retreated from highs and continued to be in the doldrums. The price spread between upstream raw material long-term contracts and spot cargo spot orders continued to widen. Long-term contract quotes were repeatedly lowered, but the decline remained smaller than spot market spot order transaction prices. Wait-and-see sentiment was strong in the market, with very few transactions. On May 11, an enterprise in Guangdong canceled its fixed long-term contract pricing for the first half of May and switched to market-based negotiated pricing, shifting pricing power closer to the spot market. This intensified wait-and-see sentiment in the short term while also making raw material pricing more flexible. After a deep decline in the earlier period, scrap tungsten stopped falling and stabilized, rebounding slightly. Suppliers held back from selling at low prices, providing some support to the market.
12 hours ago
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
19 hours ago
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
Read More
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
Hunan Company Opens Bidding for 700 Tons of Bismuth Concentrate, Deadline May 13
SMM, May 12 – According to an official announcement from a Hunan-based company, bidding for the sale of 700 physical tonnes of bismuth concentrate under its May 2026 production begins today. The registration and bidding deadline is 15:30 on May 13. The final settlement quantity will be based on actual on-site weighing. This 700‑tonne batch is currently stored at the company’s warehousing centre. According to the official announcement, only one bidding session will be held for the full 700 physical tonnes, with the settlement quantity determined by actual sampling and weighing on site.
19 hours ago
Luoyang Molybdenum Enterprise Round A Molybdenum Concentrates Auction Price Rose 535 Yuan/mtu
20 hours ago
Luoyang Molybdenum Enterprise Round A Molybdenum Concentrates Auction Price Rose 535 Yuan/mtu
Read More
Luoyang Molybdenum Enterprise Round A Molybdenum Concentrates Auction Price Rose 535 Yuan/mtu
Luoyang Molybdenum Enterprise Round A Molybdenum Concentrates Auction Price Rose 535 Yuan/mtu
[Molybdenum Flash] SMM, May 12: A molybdenum enterprise in Luoyang auctioned molybdenum concentrates in Round A, with a grade above 45%. The transaction price was 5,250 yuan/mtu, with a base price of 4,850 yuan/mtu (cash), 60 mt, at Baohuashan warehouse. The auction price in this round increased by 535 yuan/mtu compared to the auction transaction price on April 23.
20 hours ago